“The move into positive inflation is an encouraging sign for the UK’s economy”, said Sue Robinson, Director of the National Franchised Dealers Association (NFDA), responding to the release of inflation figures for May 2015. The NFDA represents franchised car and commercial vehicle retailers across the UK.
Robinson continued “Although the UK is once again experiencing inflation, it is extremely low at just 0.1%. This should not only boost household spending power but also benefit NFDA members, as it will help keep the cost of cars affordable.”
NOTES TO EDITORS:
Susan Pollock, Research Officer
Direct: 020 7307 3424
Fax: 020 7307 3406
The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.